If at Some Interest Rate the Quantity of Money Supplied

question 85

Multiple Choice

If at some interest rate the quantity of money supplied is greater than the quantity of money demanded, what will people desire to do and what happens to the interest rate?

• A) People will sell interest-bearing assets, causing the interest rate to decrease.
• B) People will sell interest-bearing assets, causing the interest rate to increase.
• C) People will buy interest-bearing assets, causing the interest rate to decrease.
• D) People will buy interest-bearing assets, causing the interest rate to increase.

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Definitions:

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The diversification of fish species over time and environments, leading to a variety of adaptations and forms.

Mammal-like Reptiles

Extinct vertebrates that share both mammalian and reptilian traits, bridging an evolutionary gap between reptiles and mammals.

Carboniferous Period

A geologic period and system that spans from about 358.9 to 298.9 million years ago, known for its extensive coal deposits formed from ancient forests.

Tiktaalik

An extinct genus of fish-like tetrapods that represents an early step in the transition from water- to land-living animals.